Banks maintain intl corporate credit exposure - 2Q

UK - Despite the worsening global economic outlook, banks' credit exposure to international corporations in the second quarter remained around the same level as in the first quarter, the Bank for International Settlements revealed.

In its quarterly international consolidated banking statistics, the BIS said, however, that some signs of risk aversion began to emerge, with the share of claims guaranteed by a third party or backed by collateral rising in several countries.

Claims on emerging econo

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